Liberty Financial has raised A$150 million through a securitisation of auto loans.Liberty will pay 160 basis points over the one-month bank bill swap rate on the $108.7 million class A tranche of Liberty Series 2012-1 Auto ABS. The A notes have a weighted average life of 1.5 years.Pricing on the other tranches was not disclosed.Earlier this month, Investec Bank (Australia) priced the $163 million A2 tranche of its latest ABS issue at 165 basis points over the swap rate, with a weighted average life of 2.1 years.Investec's transaction involved the securitisation of auto and equipment leases, commercial hire purchase agreements, goods' mortgages and professional practice loans.National Australia Bank was the arranger and lead manager of the Liberty transaction.